Vestmark Advisory Solutions Inc. Purchases 15,272 Shares of Capital One Financial Corporation $COF

Vestmark Advisory Solutions Inc. boosted its position in Capital One Financial Corporation (NYSE:COF) by 182.9% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 23,622 shares of the financial services provider’s stock after acquiring an additional 15,272 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Capital One Financial were worth $5,026,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of COF. Walkner Condon Financial Advisors LLC lifted its stake in shares of Capital One Financial by 16.5% during the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 1,523 shares of the financial services provider’s stock valued at $324,000 after buying an additional 216 shares in the last quarter. S&T Bank PA raised its holdings in Capital One Financial by 1,148.8% during the 2nd quarter. S&T Bank PA now owns 512 shares of the financial services provider’s stock valued at $109,000 after acquiring an additional 471 shares during the period. Bryn Mawr Trust Advisors LLC boosted its holdings in shares of Capital One Financial by 43.1% in the second quarter. Bryn Mawr Trust Advisors LLC now owns 1,693 shares of the financial services provider’s stock worth $360,000 after acquiring an additional 510 shares during the period. Sustainable Insight Capital Management LLC bought a new stake in shares of Capital One Financial during the 2nd quarter valued at $2,149,000. Finally, Savant Capital LLC lifted its holdings in Capital One Financial by 422.9% during the 2nd quarter. Savant Capital LLC now owns 45,167 shares of the financial services provider’s stock worth $9,610,000 after purchasing an additional 36,530 shares in the last quarter. Hedge funds and other institutional investors own 89.84% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on COF shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Capital One Financial in a research report on Wednesday, October 8th. Zacks Research upgraded Capital One Financial from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. Barclays raised their price target on Capital One Financial from $257.00 to $271.00 and gave the company an “overweight” rating in a report on Wednesday, October 22nd. Rothschild & Co Redburn started coverage on shares of Capital One Financial in a research report on Friday, August 1st. They issued a “buy” rating and a $290.00 price objective on the stock. Finally, TD Cowen lifted their target price on shares of Capital One Financial from $258.00 to $261.00 and gave the company a “buy” rating in a research report on Monday, October 6th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Capital One Financial currently has an average rating of “Moderate Buy” and an average price target of $261.63.

Capital One Financial Price Performance

Shares of Capital One Financial stock opened at $217.83 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.03 and a current ratio of 1.03. Capital One Financial Corporation has a 52-week low of $143.22 and a 52-week high of $232.45. The company has a fifty day moving average of $219.28 and a 200-day moving average of $209.43. The stock has a market capitalization of $139.31 billion, a price-to-earnings ratio of 91.91, a price-to-earnings-growth ratio of 0.70 and a beta of 1.19.

Capital One Financial (NYSE:COF) last issued its earnings results on Monday, November 3rd. The financial services provider reported $5.95 EPS for the quarter. Capital One Financial had a net margin of 2.24% and a return on equity of 10.94%. The company had revenue of $15.46 billion for the quarter. Equities research analysts expect that Capital One Financial Corporation will post 15.65 EPS for the current year.

Capital One Financial Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 17th will be issued a dividend of $0.80 per share. The ex-dividend date is Monday, November 17th. This represents a $3.20 annualized dividend and a yield of 1.5%. This is a boost from Capital One Financial’s previous quarterly dividend of $0.60. Capital One Financial’s dividend payout ratio (DPR) is currently 101.27%.

Insider Buying and Selling

In other Capital One Financial news, CAO Timothy P. Golden sold 3,462 shares of Capital One Financial stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $210.28, for a total value of $727,989.36. Following the transaction, the chief accounting officer directly owned 8,987 shares of the company’s stock, valued at $1,889,786.36. The trade was a 27.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Neal Blinde sold 43,200 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $221.83, for a total value of $9,583,056.00. Following the completion of the sale, the insider owned 73,020 shares of the company’s stock, valued at $16,198,026.60. The trade was a 37.17% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 259,842 shares of company stock valued at $57,857,467 in the last 90 days. 1.26% of the stock is owned by insiders.

Capital One Financial Company Profile

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.